TEMECULA, Calif., Feb. 14, 2005 (PRIMEZONE) -- S3 Investment Company (OTCBB:SEIH) today announced that it has scheduled a market conference call on Wednesday, February 16, 2005 at 12:00 P.M. (noon) E.S.T., in which Chairman and Chief Executive Officer Chris Bickel will discuss the Company's 10-Q Quarterly Report with financial results that is expected to be filed today. Those interested in participating should call (913) 981-4902 or 1-800-811-7286 five to ten minutes prior to the scheduled start time and reference S3 Investment Company.
"Clearly, this quarter was an eventful one for S3 Investments. We executed three major acquisitions, met or exceeded all stated performance goals, and increased shareholder value on a per share basis. This all was achieved despite having to raise capital as a short-term funding solution due to the significant liabilities and lack of revenue that we inherited from previous management. It is an accomplishment for the Company to be able to report a per share net asset value higher than the current trading price, but we expect to meet our forecasted value in the 10-Q. We are by no means satisfied with only the milestones that we have reached to date, but we do hope that our shareholders will recognize that current management has demonstrated a level of credibility and real progress that is unprecedented in the history of the Company. Further, it is our intention to continue building value to the point that the Company's market value keeps pace with its financial performance," commented Mr. Bickel.
Audio files of S3 Investments' last two market conference calls, one featuring Mr. Bickel and the other featuring Secure System Solutions CEO Greg Dawson, have been posted to the Company's website at www.s3investments.com/othermedia.asp. A written transcript of Mr. Bickel's November 10, 2004 call is also available on the site.
About The Company
S3 Investment Company Inc. (http://www.s3investments.com) is a Business Development Company regulated by the Investment Company Act of 1940. Its first operating subsidiary, Securesoft Systems Inc. (http://www.securesoftsystems.com), was acquired in April 2003 and has been combined with recently acquired TSPartner to form Secure System Solutions, a security, compliance, business process and professional services solutions company. S3 Investments has also acquired 100 percent of Redwood Capital to participate in the fast-growing investment banking market in China. S3 is currently seeking to acquire additional synergistic companies and is focused on assembling a portfolio of investments that will provide value to its shareholders.
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.